Market Analysis and Insights: Global Satellite-Based Augmentation Systems Market
Due to the COVID-19 pandemic, the global Satellite-Based Augmentation Systems market size is estimated to be worth US$ 533.8 million in 2021 and is forecast to a readjusted size of US$ 533.8 million by 2028 with a CAGR of 4.0% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Satellite-Based Augmentation Systems global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
The United States Satellite-Based Augmentation Systems market is estimated at US$ million in 2021, while China is forecast to reach US$ million by 2028. The proportion of the United States is % in 2021, while Chinese percentage is %, and it is predicted that China's share will reach % in 2028, trailing a CAGR of % through the analysis period.
The global key manufacturers of Satellite-Based Augmentation Systems include Garmin, Raytheon, Rockwell Collins, Thales, Advanced Navigation & Positioning, Comsoft, Copperchase, Honeywell International and Intelcan Technosystems and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In United States, in terms of revenue, in 2021, the top three players hold a share about %, while in China, top three players hold a share nearly %.
Global Satellite-Based Augmentation Systems Scope and Market Size
The global Satellite-Based Augmentation Systems market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Satellite-Based Augmentation Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Hardware
Software
Segment by Application
Automatic Vehicle Location
Tracking systems
Navigation
PNSs
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Garmin
Raytheon
Rockwell Collins
Thales
Advanced Navigation & Positioning
Comsoft
Copperchase
Honeywell International
Intelcan Technosystems
Lockheed Martin